Maris Ca. purchased a machine on January 1, 2018, for $1,500,700 for the express purpose of leasing it. The machine is excepted to have a 4 year life, no salvage value, and be depreciated on a straight line monthly basis. On April 1, 2018 under a cancelled lease, Maris leased the machine to Dunbar Company for $451,100 a year for a 2-year period ending March 31, 2022. Maris incurred total maintenance and other related costs under the provisions of the lease of $17,600 relating to the year ended December 31, 2018. Harley paid $451,100 to Maris on April 1, 2018. Your answer is incorrect. Under the operating method, what should be the income before income taxes derived by Maris Co. from this lease for the year ended December 31, 2018. What should be the amount of rent expense incurred by Dunbar from this lease for the year ended December 31, 2010